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Oracle Cost Management Cloud 2026 Implementation Professional Sample Questions:

1. Which two outcomes can happen in create accounting when an account combination returned is end dated?

A) An error will always occur.
B) An alternate account will be used if provided.
C) The original account is stored on the journal line.
D) Suspense accounts cannot be used.
E) The preprocessor will pre-warn about this error.

2. Your client uses actual costing and needs to cost to the subinventory level. They have a few subinventories that hold normal goods and one subinventory that holds returned goods. They want their normal goods subinventories to be costed differently from their returned goods subinventory.
Which cost policy supports this requirement?

A) Manually create one cost profile for the normal goods subinventories and one cost profile for the returned goods subinventory.
B) EnaWe the inventory organization that holds the subinventories to be costed to the subinventory level by changing the organization parameter field from "Costing Level" to "Subinventory."
C) Manually create one valuation unit for the normal goods subinventories and one valuation unit for the returned goods subinventory.
D) Create a separate cost organization for the normal goods subinventories and one cost organization for the returned goods subinventory.
E) Create a separate cost book for the normal goods subinventories and one cost book for the returned goods subinventory Add both cost books to the same cost organization.

3. Select two ways to define the standard cost for an item from the Cost Accounting work area.

A) Manage the Item Cost task.
B) Import standard costs from receipt layers.
C) Create Standard Cost in a spreadsheet.
D) Manage the Standard Cost task.

4. If the accounting method on the Subledger Accounting method page has an assigned chart of accounts (COA), which two types of Journal entry rule sets can be used?

A) Rule sets where the accounting rules override the method rule set
B) Rule sets not associated with any chart of accounts
C) Rule sets that use the same chart of accounts
D) Rule sets assigned to a secondary ledger with a different COA
E) Rule sets that have a mapping set to convert the accounts

5. Which four steps need to be completed to establish standard costs for a make item?

A) Run preprocessor
B) Export item costs
C) Publish costs
D) Add standard costs to a cost scenario
E) Complete cost roll-up
F) Create a new cost scenario

Solutions: